Principal Financial Group Inc which can be found using ticker (PFG) have now 12 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 94 and 64 suggesting an average Analsyt target price of $81.75. Given that the stocks previous close was at $71.59 this would imply there is now a potential upside of 14.2%. The 50 day MA is $85.47 and the 200 moving average now moves to $79.79. The market capitalization for the company is $17,584m. You can visit the company’s website by visiting: https://www.principal.com
The potential market cap would be $20,079m based on the market consensus.
Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides retirement, and related financial products and services. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, and bank products, as well as trust and custody services. The Principal Global Investors segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, Mexico, China, Hong Kong Special Administrative Region, and Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits, such as group dental and vision insurance, group life insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products in the United States. It also offers insurance solutions for small and medium-sized businesses and their owners, as well as executives. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.
The company has a dividend yield of 3.54% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 3.84, revenue per share of 69.66 and a 1.27% return on assets.
